Fill the form & Make the payment
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Get the Call from PF Expert
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Upload the required documents
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Expert will take the approval for the registration
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Expert will Register the employees in the PF portal
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The most fundamental benefit of the Provident Fund is to cover the risks employees and their dependents that may arise due to retirement, an illness or their demise.
One of the most important aspects of the Provident Fund account that it's steady and transferable. It can be carried forward to any other place of employment.
This scheme is for all the PF account holders. According to it, 0.5% of the salary is deducted from the life insurance premium.
There are many long-term goals such as Marriage or higher education that require the urgent availability of funds. The accumulated PF amount often comes handy during such occasions.
When it comes to signatures, authenticity and security is a priority. Digital signatures reduce the risk of duplication or alteration of the document itself. Digital signatures ensure that signatures are verified, authentic and legitimate.
There are certain unanticipated occasions like marriage or other family occasions, any mishappening or illness that requires urgent finance. The PF amount can be of great help.
Apart from the employee’s 12% contribution towards EPF, an equal amount is contributed by the employer, which includes 8.33% towards Employee Pension Scheme (EPS).
Delay in payment of PF by employer having PF registration will attract penalty as follows
Period of Delay | Rate of Penalty (p.a.) |
---|---|
Upto 2 months | 5% |
2 - 4 months | 10% |
4 - 6 months | 15% |
Above 6 months | 25% |
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